Latvia Balance of Trade  1993-2016 | Data | Chart | Calendar | Forecast

Latvian trade deficit narrowed to €87.1 million in September of 2016, compared to €94.8 million gap a year ago. Exports fell 2.7 percent, led by electrical machinery and equipment (-10.7 percent); machinery and mechanical appliances (-3.4 percent); cereals (-54.2 percent); and mineral fuels, mineral oils and products of their distillation (-35.4 percent). Imports declined 3.2 percent, driven by lower purchases of electrical machinery and equipment (-2.5 percent); mineral fuels, mineral oils and products of their distillation (-26.3 percent); machinery and mechanical appliances (-18.5 percent); and pharmaceutical products (-8.1 percent). The main export partners were Lithuania (17.7 percent of total export), Estonia (11.6 percent) and Germany (8.7 percent), whereas the main import partners were Lithuania (18.4 percent of total imports), Germany (11.9 percent) and Poland (11.4 percent). Balance of Trade in Latvia averaged -162.48 EUR Million from 1993 until 2016, reaching an all time high of 40.10 EUR Million in February of 1993 and a record low of -557.20 EUR Million in July of 2007.

Latvia Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-09 10:00 AM Jul €-182.9M €-168.7M € -172.3M
2016-10-11 10:00 AM Aug €-177.1M €-182.9M €-170.4M
2016-11-09 11:00 AM Sep €-87.1M €-177.1M € -177.2M
2016-12-12 11:00 AM Oct €-87.1M € -133.6M
2017-01-11 11:00 AM Nov
2017-02-09 11:00 AM Dec




Latvia Trade Last Previous Highest Lowest Unit
Balance of Trade -87.10 -177.10 40.10 -557.20 EUR Million [+]
Exports 953.58 868.60 1061.70 53.10 EUR Million [+]
Imports 1040.70 1045.70 1227.00 52.50 EUR Million [+]
Current Account 86.70 25.00 343.50 -546.30 EUR Million [+]
Current Account to GDP -1.90 -2.30 11.90 -20.70 percent [+]
External Debt 37810.39 35147.58 37810.39 825.57 EUR Million [+]
Capital Flows 167530.00 291030.00 1035230.00 -1395300.00 EUR THO [+]
Gold Reserves 6.62 6.62 7.75 6.62 Tonnes [+]
Foreign Direct Investment 43.54 207.26 267.87 -339.12 EUR Million [+]
Terrorism Index 0.00 0.00 0.66 0.00 [+]



Latvia Balance of Trade Notes

Latvia exports mainly wood and wood products, machinery and equipment, iron and steel, textiles and foodstuffs. Latvia's main export partners are Lithuania, Russia, Estonia, Germany and Sweden. Latvia imports machinery and equipment, chemicals, fuels and vehicles. Main import partners are Lithuania, Germany, Russia, Poland and Estonia. This page provides - Latvia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
-87.10 -177.10 40.10 -557.20 1993 - 2016 EUR Million Monthly



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Australia -1541.00 Oct/16
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Belgium 2898.90 Sep/16
Belize -138.84 Sep/16
Benin -278.15 Sep/16
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Brunei 283.10 Sep/16
Bulgaria 89.40 Sep/16
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Chile 43.13 Nov/16
China 446.10 Nov/16
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Congo 1001.80 Dec/14
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Croatia -3973.71 Sep/16
Cuba -9578.00 Dec/15
Cyprus -283281.00 Sep/16
Czech Republic 47421.10 Oct/16
Denmark 4458.60 Sep/16
Djibouti -168260.00 Dec/15
Dominican Republic -589.40 Jun/16
East Timor -39175.91 Jun/16
Ecuador 5050.00 Sep/16
Egypt -2577.00 Sep/16
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Equatorial Guinea 2723.70 Dec/10
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European Union 510.20 Sep/16
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Finland -190.00 Oct/16
France -5202.00 Oct/16
Gabon 3711.95 Dec/13
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Georgia -472.40 Oct/16
Germany 24400.00 Sep/16
Ghana -712.40 Jun/16
Greece -1743.00 Oct/16
Guatemala -615.90 Sep/16
Guinea -308.73 Jun/16
Guinea Bissau -23.80 Dec/14
Guyana -13.70 Jun/16
Haiti -229.96 Jun/16
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Hungary 274000.00 Oct/16
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India -10160.00 Oct/16
Indonesia 1206.80 Oct/16
Iran 4258.00 Dec/15
Iraq 4397.00 Dec/15
Ireland 3769800.00 Sep/16
Israel -1354.00 Oct/16
Italy 3669.89 Sep/16
Ivory Coast 1256.00 Dec/15
Jamaica -680800.00 Mar/16
Japan 496.17 Oct/16
Jordan -536755.50 Sep/16
Kazakhstan 1044.90 Sep/16
Kenya -78222.90 Sep/16
Kosovo -214200.00 Oct/16
Kuwait 1222.30 Jun/16
Kyrgyzstan -184.40 Sep/16
Laos -594.89 Dec/15
Latvia -87.10 Sep/16
Lebanon -1193.95 Sep/16
Lesotho -2324.11 Jun/16
Liberia -80.10 Jun/16
Libya -7687.60 Dec/15
Liechtenstein 327117.00 Sep/16
Lithuania -86.80 Sep/16
Luxembourg -0.43 Sep/16
Macau -5326200.00 Oct/16
Macedonia -177613.00 Oct/16
Madagascar -234693.00 Sep/16
Malawi -53950.00 Mar/16
Malaysia 9756.67 Oct/16
Maldives -155.00 Aug/16
Mali -226.10 Sep/15
Malta -273000.00 Oct/16
Mauritania -79.64 Mar/16
Mauritius -6179.00 Sep/16
Mexico -900.00 Oct/16
Moldova -168.10 Sep/16
Monaco -104.50 Jun/16
Mongolia 72.90 Oct/16
Montenegro -138195.00 Oct/16
Morocco -12712.00 Sep/16
Mozambique -434.30 Sep/16
Myanmar -198.70 Feb/16
Namibia -8369.58 Jun/16
Nepal -77662.70 Mar/16
Netherlands 5421.00 Sep/16
New Caledonia -12812.00 Aug/16
New Zealand -846.00 Oct/16
Nicaragua -196.00 Aug/16
Niger -132100.00 Jun/16
Nigeria -27238.30 Sep/16
North Korea -476.67 Dec/15
Norway 10360.56 Oct/16
Oman 30.50 Jun/16
Pakistan -237429.00 Oct/16
Palestine -339.90 Sep/16
Panama -893332.80 Sep/16
Papua New Guinea 4636.00 Mar/16
Paraguay -176241.00 Oct/16
Peru 274.70 Oct/16
Philippines -2163000.00 Oct/16
Poland -200.00 Sep/16
Portugal -920.83 Sep/16
Puerto Rico 747.70 Aug/16
Qatar 7703.00 Oct/16
Republic of the Congo 4092.35 Dec/10
Romania -786.80 Sep/16
Russia 7383.00 Sep/16
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Saudi Arabia 56231.00 Jun/16
Senegal -168.70 Sep/16
Serbia -380.50 Oct/16
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Singapore 5156.80 Oct/16
Slovakia 457.00 Sep/16
Slovenia 173.43 Sep/16
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South Africa -4410.97 Oct/16
South Korea 7992.05 Nov/16
South Sudan -104.70 Dec/15
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Ukraine -295.00 Sep/16
United Arab Emirates 328300.00 Dec/15
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